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When Charge Customers Pay Cash to Apply Against Their Accounts

Question 34

Multiple Choice

When charge customers pay cash to apply against their accounts, the amount is recorded:


A) on the left side of the Cash account and the right side of the Fees Income account.
B) on the left side of the Cash account and the right side of the Accounts Receivable account.
C) on the left side of the Accounts Payable account and the right side of the Cash account.
D) on the left side of the Cash account and the left side of the Accounts Receivable account.

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